Filing Details

Accession Number:
0001209191-22-044608
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-08-05 17:29:28
Reporting Period:
2022-08-05
Accepted Time:
2022-08-05 17:29:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1034054 Sba Communications Corp SBAC Real Estate Investment Trusts (6798) 650716501
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1504654 R Mark Ciarfella C/O Sba Communications Corporation
8051 Congress Avenue
Boca Raton FL 33487
Evp - Operations No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2022-08-05 5,760 $156.50 29,644 No 4 M Direct
Class A Common Stock Disposition 2022-08-05 5,760 $343.94 23,884 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Options (Right to Buy) Disposition 2022-08-05 5,760 $0.00 5,760 $156.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2025-03-06 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Stock Options (Right to Buy) $182.30 2026-03-06 16,758 16,758 Direct
Class A Common Stock Restricted Stock Units $0.00 693 693 Direct
Class A Common Stock Restricted Stock Units $0.00 654 654 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,960 1,960 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,960 1,960 Direct
Class A Common Stock Restricted Stock Units $0.00 1,354 1,354 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 2,030 2,030 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 2,030 2,030 Direct
Class A Common Stock Restricted Stock Units $0.00 1,831 1,831 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,831 1,831 Direct
Class A Common Stock Performance Restricted Stock Units $0.00 1,831 1,831 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-03-06 16,758 16,758 Direct
693 693 Direct
654 654 Direct
1,960 1,960 Direct
1,960 1,960 Direct
1,354 1,354 Direct
2,030 2,030 Direct
2,030 2,030 Direct
1,831 1,831 Direct
1,831 1,831 Direct
1,831 1,831 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranged from $343.55 to $344.21 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
  2. These options are fully vested and exercisable.
  3. These options vest in accordance with the following schedule: 7,449 vest on each of the first through fourth anniversaries of the grant date (March 6, 2019).
  4. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  5. These restricted stock units vest in accordance with the following schedule: 692 vest on first anniversary of the grant date and 693 vest on each of the second through fourth anniversaries of the grant date (March 6, 2019).
  6. These restricted stock units vest in accordance with the following schedule: 653 vest on the first and second anniversaries of the grant date and 654 vest on the third anniversary of the grant date (February 25, 2020).
  7. Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  8. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
  9. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on February 25, 2023, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
  10. These restricted stock units vest in accordance with the following schedule: 676 vest on the first anniversary of the grant date and 677 vest on each of the second and third anniversaries of the grant date (March 4, 2021).
  11. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
  12. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2024, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
  13. These restricted stock units vest in accordance with the following schedule: 610 vest on the first and second anniversary of the grant date and 611 vest on third anniversaries of the grant date (March 4, 2022).
  14. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.
  15. These performance restricted stock units have a three-year performance period and to the extent earned will vest 100% on March 4, 2025, which is the third anniversary of the grant date. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to increase or decrease based on the results of the performance condition.